Invizyne Technologies' (NASDAQ:IZTC - Get Free Report) quiet period will expire on Monday, December 23rd. Invizyne Technologies had issued 1,875,000 shares in its IPO on November 13th. The total size of the offering was $15,000,000 based on an initial share price of $8.00. During Invizyne Technologies' quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Invizyne Technologies Stock Up 2.6 %
Shares of IZTC stock traded up $0.39 on Monday, hitting $15.56. 19,266 shares of the stock were exchanged, compared to its average volume of 34,330. Invizyne Technologies has a fifty-two week low of $8.50 and a fifty-two week high of $19.37.
Invizyne Technologies Company Profile
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Invizyne Technologies Inc is a cell-free enzyme-based biomanufacturing technology company. It redefining biomanufacturing by leveraging cell-free, multi-step, enzyme-based systems to efficiently transform natural or renewable resources into highly sought after biochemicals. Invizyne Technologies Inc is based in Monrovia, CA.
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